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HCL Technologies To Acquire Geometric in All Share Deal
01 Apr 2016, 10:03 PM IST i

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HCL Technologies on Friday announced the acquisition of Mumbai-based IT consulting firm Geometric in an all share deal.
"HCL will issue 10 equity shares of Rs. 2 each to Geometric shareholders for every 43 equity shares of Geometric of Rs. 2 each held by them. In total, HCL will issue 15,640,546 equity shares of Rs. 2 each," said India's fourth biggest outsourcer.
The deal excludes 3DPLM Software Solutions, a joint venture betwee...
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